Regional Inflation Control Meeting OKU Regency 2nd week of December 2024 - News - BPS-Statistics Indonesia Ogan Komering Ulu Regency

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Regional Inflation Control Meeting OKU Regency 2nd week of December 2024

Regional Inflation Control Meeting OKU Regency 2nd week of December 2024

December 9, 2024 | Other Activities


Hello #datafriends!

Monday (9/12/2024), as a member of the OKU Regency Regional Inflation Control Team, the OKU Regency BPS has a role in maintaining and improving inflation control in OKU Regency. One of the routine activities carried out by the TPID is attending a virtual inflation control coordination meeting held by the Indonesian Ministry of Home Affairs which was broadcast in the Assistant II Room of the OKU Regional Secretariat. The meeting was attended by the Head of the Economic Section, Head of the Service, Head of BUMD and Head of vertical OPD or their representatives. The speakers for this meeting came from various agencies such as BPS RI, the Presidential Staff Office, the Ministry of Trade, the Ministry of Agriculture, BULOG, the Indonesian Attorney General's Office. POLRI, etc. This meeting discussed the evaluation of commodity price developments that affect inflation.

Low, stable and targeted inflation is the best inflation for the economy. Indonesia's November inflation was 1.55 y-on-y and 1.12 y-to-d. November inflation rate by component (m-to-m), the core component experienced inflation of 0.17% with an inflation contribution of 0.11%. The commodities that predominantly contributed to the core component inflation were gold jewelry, cooking oil and ground coffee. The government-regulated component experienced inflation of 0.12% with an inflation contribution of 0.02%. The commodities that predominantly contributed to the government-regulated component inflation were machine-made kretek cigarettes and airfares. The volatile component experienced inflation of 1.07% with an inflation contribution of 0.17%. The commodities that predominantly contributed to the volatile component inflation were shallots, tomatoes, broiler chicken, garlic and fresh fish.

November inflation rate by component (y-on-y), the inflationary pressure of the core component and the government-regulated component increased annually from the previous month, while the inflationary pressure of the volatile component decreased. The commodities that contributed to the increase in IPH on the island of Sumatra in the first week of December were dominated by broiler chicken and shallots. Based on the Price Development Index for the First Week of December, the OKU Regency IPH experienced deflation of 0.26 percent. The commodities that contributed to the change in the OKU Regency IPH in the First Week of December were cooking oil, red chilies and shallots. The local government needs to be aware of these commodities so that there is no significant increase in prices.

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Badan Pusat Statistik

BPS-Statistics Indonesia

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